St. Louis, May 29, 2024–(BUSINESS WIRE)–Reinsurance Group of America, Inc. (NYSE: RGA) today announced that Axel Andre will join the company as Executive Vice President, effective June 24, 2024. After a brief transition period, effective August 5, the company plans to appoint Andre as Chief Financial Officer (CFO), a role currently held by Todd Larson. Larson will serve as special advisor to the CEO and will serve in that role until his retirement on December 31, 2024.
“In his nearly 30 years at RGA, Todd has steadily raised the bar for RGA's finance and capital management functions,” said Tony Chen, RGA's president and chief executive officer. “He has built and led a talented and diverse finance team, and our company is stronger under Todd's financial leadership. His extensive industry and capital markets experience has established a solid foundation for RGA's capital management moving forward. I believe I speak for many when I express my gratitude to Todd for his key role in our company's success.”
Andre joins RGA from American Equity Investment Life Insurance Company (AEL), where he served as Executive Vice President and CFO since 2021. Prior to AEL, Andre served as Executive Vice President and CFO of Jackson National Life Insurance Company. Prior to that, Andre spent seven years at American International Group (AIG), most recently as CFO of the company's Individual Retirement business.
“We are excited to welcome Axel to RGA,” said Chen. “His impressive track record and experience in the life insurance industry strengthens our confidence in his abilities to lead our strategic initiatives. Axel's leadership qualities and deep insurance knowledge are aligned with our commitment to excellence and growth, and I am confident his contributions will be instrumental as we continue to evolve and achieve new successes.”
About RGA
Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health insurance reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA today is one of the world's largest and most respected reinsurance companies, guided by a strong purpose: to make financial protection accessible to all. As a global capabilities and solutions leader, RGA empowers its partners through bold innovation, relentless execution and dedicated customer focus to create sustainable long-term value. RGA has approximately $3.7 trillion of life reinsurance outstanding and $106 billion in assets as of March 31, 2024. For more information about RGA and its business, visit rgare.com or follow RGA on LinkedIn and Facebook. Investors can learn more at investor.rgare.com.
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